Sorry I've taken so long to reply to this... since seeing it, I've been in shockBlimey, and to think I'd done well when I sold it 7 or 8 years ago for a third of the current asking price!
The description on the advert is a badly-butchered version of the advert I wrote back when I sold it, a lot of the information is therefore now incorrect. He mentions it having the Ferrari gear gate - this isn't the case now as I'm pretty sure it's been fitted with a LB cable change. The gearchange arrangement that was fitted to the car when I had it was very much a compromise and never really worked as well as I wanted it to - it let the car down somewhat... the gear gate looked great, mind!
The car was really nicely screwed together which is what appealed to me at the time. Regarding registration, IIRC the car had been inspected by the DVLA and/or the police in the 1990s at some point, and there was some supporting documentation stating exactly what the car was and that they were happy with the way it was registered, and it was allowed to retain its original reg. From an overseas sale point of view, this is probably the best case scenario for being able to get it registered more easily - and buyers will pay over the odds for that!
The way things are on the classic/kit car market at the moment, I think someone will pay somewhere in between the original advertised price and the sale price - although having said that, viewing the car in the current climate, particularly for overseas buyers, will be tricky!
A pic from when I had the car, taking part in the Monte Classique:
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